Private Equity
Angelo Gordon's middle-market lending subsidiary Twin Brook Capital Partners has named Tim Healy as a managing director. His appointment is effective immediately. Previously, Healy worked at Linsalata Capital Partners where he was senior vice president and partner.
2 min read · 12 December 2018
PNC Business Credit has named Eamonn Brady as senior vice president and business development officer, according to a source at PNC. Based in Chicago, Brady will be responsible for direct origination in the Illinois market. Previously, Brady worked at Wells Fargo where he most recently served as a director with responsibility for direct loan originations at Wells Fargo Capital Finance.
1 min read · 11 December 2018
LBC Credit Partners provided the financing to back Albireo Energy's acquisition of Avoca, Pennsylvania-based Taylor Consulting & Contracting, an energy management company. No financial terms were disclosed. Livingstone advised Albireo on the acquisition financing. Albireo Energy is a portfolio company of Huron Capital.
2 min read · 11 December 2018
BBVA Compass Bank has provided financing to Penumbra Brands, a portfolio company of L Catterton. No financial terms were disclosed. The capital was used to refinance Penumbra. Livingstone Partners' debt advisory team advised L Catterton on Penumbra's refinancing. Utah-based Penumbra Brands provides screen protectors to smartphones.
2 min read · 11 December 2018
Monroe Capital LLC has provided a $80 million senior credit facility to back AN Global's acquisition of Tampa-based 4th Source Inc, a provider of information technology services. AN Global is owned by Nexxus Capital, Credit Suisse Asset Management and company management.
2 min read · 11 December 2018
FMO, the Dutch development bank and Symbiotics, an investment firm focused on emerging, sustainable and inclusive finance, has provided a $32.5 million facility to back ZOLA Electric's Tanzania operations for the next five years. The capital infusion will be used for growth. FMO was the lead arranger on the financing package.
4 min read · 10 December 2018
Antares Bain Capital Complete Financing Solution, a joint venture between Antares and Bain Capital Credit, has provided a credit facility to support Clearlake's acquisition of symplr. No financial terms were disclosed. Based in Houston, symplr provides a software-as-service platform for the healthcare industry.
4 min read · 10 December 2018
Valhalla, New York-based Lancewood Capital, a commercial real estate lending platform, has named Matthew Schatzle as vice president of business development. Previously, he worked at Hirshmark Capital where he was an acquisitions associate.
2 min read · 07 December 2018
Adams Street Partners has provided a credit facility to Permira to back its acquisition of Galena, Kansas-based Jayhawk Fine Chemicals, a custom manufacturer of specialty chemicals. No financial terms were disclosed. Adams Street was the sole lead arranger and administrative agent for the transaction.
3 min read · 07 December 2018
Crestline Investors, a credit-focused institutional alternative asset manager, has closed its specialty lending fund at over $800 million. The fund will allow Crestline to continue lending to small and medium-sized businesses that are mostly in North America and Western Europe.
3 min read · 06 December 2018